iPhone Can Turn the Tables; Verizon Market Share Skyrockets After Rumors of iPhone Arriving on Verizon

Verizon Communications is the largest CDMA wireless carrier in the US. A recent rumor of Apple iPhone arriving on Verizon’s CDMA network has sent the sales of Verizon to an all-time high in the last four months.

The Wall Street Journal reported yesterday on this matter saying that CDMA iPhones are already being developed. Now, there is only one possible CDMA network the iPhone can be preparing for and it is Verizon. Both Apple and Verizon have refused to comment on this though.

Analysts have predicted a 3.5 million growth in subscribers if the launch is successful. Craig Moffett, an analyst from New York has said,

There is undoubtedly enormous pent-up demand for the iPhone on Verizon’s superior network. iPhone availability will therefore mean an immediate acceleration for Verizon’s subscriber growth and, conversely, immediate share losses for AT&T.

Last year, AT&T made itself 3.1 million customers with its iPhone deal. AT&T is a GSM based network and is the only competition Verizon and Sprint CDMA networks face. iPhone availability on these networks will weaken AT&Ts position. AT&T already suffers from network congestion. The rumor has given people better hopes of using their iPhones on a better network.
(Via: Businessweek)

One thought on “iPhone Can Turn the Tables; Verizon Market Share Skyrockets After Rumors of iPhone Arriving on Verizon”

  1. Why is Verizon the only CDMA network the iPhone could be preparing for? I’m sorry, but didn’t Sprint just one up everyone with the first 4G phone announcement, and by having a 4G network in place for over a year now? Sure, Verizon is the obvious choice, because they have a larger network and more subscribers, but don’t knock Sprint out of the race just yet. I hope to God Sprint doesn’t get the iPhone… I love my uncrowded network, but it could happen.

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